Abu Dhabi: With space policy and regulations changing rapidly, the third Global Aerospace Summit will be held in the capital in March next year.

Currently, there are an estimated 700 companies involved with commercial space exploration globally. These institutions build rockets, offer mission planning services and monitor planetary risks.

The UAE Space Agency has recently announced the development of the country’s space policy, legislation and regulation. The Global Aerospace Summit is an exclusive invitation-only event for the international aerospace industry.